DOLAT | Another falling wedge breakout - Potential for 40% CMP : 90 (Dip : 85) SL : 75 Target : 125 1:4+ risk reward setup Weekly time frame is even more solid, attached in the comment section
Diwali 2021- Investment Pick BHARTIARTL Broke the rising wedge upside and retested. 5G trials are on the way. Best play for the Indian Telecom sector. Good levels to enter around 650-700. Entry - 650-700 Targets- 760 | 910 | 1060 ~Ashray_G
BTC price making rising wedge on 1H timeframe and currently it's testing the lower line. I'm thinking it as a long option.
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
This is only for educational purpose Demand zone Channel Falling wedge #price action
BAJAJHLDNG | Interesting Cup & Handle formation 10-15% CMP : 3530 SL : 3420 Target : 4000, 4165 Almost 1:4 risk reward setup
Looking at the Volume and Chart Pattern Breakout stock is ready to make a new high and floate in uncharted Territory. Time wise correction of more than 6 months has given a decisive breakout. Buy Range 1020 - 1050 Stoploss = 900 Targets = 1260, 1320
Wedge pattern in Precot Meridian Limited. wait for the breakout with high volume.
Wedge breakout in IIFL Holdings Limited. Q2 Result is also good.
BANKINDIA :: LONG (Trendline reversal) ------------------------------------------------- -- Price took support from Long term Trendline few weeks ago and making HH & HLs. -- Price also broke the Falling wedge resistance line and held for last few days Buy Levels :: 56-57 Initial S/L 52 Add more above @ 62.5 Use SuperTrend Indicator to trail your...
JKTYRE | Wedge breakout opportunity for 22% CMP : 118 SL : 111 Target : 142 1:3+ risk reward setup
1. Triangle Pattern breakout 2. Long term Trend line Support 3. Head & Shoulder Pattern forming 4. Trading inside Rising wedge 4. Trading Above Volume Profile POC 5. Buy when retest POC 82Rs
If the closing is a good green candle with high volumes then this would be a good breakout to trade (with caution obviously). There might be a pullback (or retracement). Have to be careful with the quantity that we take. Maybe taking small positions now and taking more when it seems to be a strong breakout is a good option.
In Rune coin falling wedge pattern break in daily time frame and successful achieved target.
PNB expected to breakout from current level, looking at current consolidation in the stock and wedge pattern. Bought PNB bank @44.95, TGT1 57 TGT2 84 SL 33
Expecting PNB bank to post a good quarter, Looking at the consolidation and pattern in PNB, it may breakout on upper side from current level. Bought PNB bank @44.95, TGT1 57 TGT2 84 SL 33. Best regards, Antrader
IndusTower After steep rally of 50% gain in a month, now consolidating with falling wedge pattern since a month. So, Ones it get a breakout then we may predict possible upside of 15-20% with a small stoploss below 290.
Falling Wedge When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines are drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may...